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Green steel may be a climate game-changer. Which carmakers are making the shift?

Corporate Knights

BMW announced its procurement of “carbon-reduced” steel supplied by H2 Green Steel, based in Sweden, and has partnered with Salzgitter AG to receive “low-carbon steel” in 2026. Electrifying road mobility is essential to meeting Canada’s international obligation under the Paris Agreement to limit global warming to below 1.5°C.

Net Zero 208
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Iberdrola to Invest $45 Billion in Grid Expansion and Renewables by 2026

ESG Today

Global energy and electricity provider Iberdrola announced plans today for a major electrification-focused investment program, pledging to allocate €41 billion in its network and renewable energy from 2024 through 2026, and to hire 10,000 people. Net of these factors, anticipated investment by region from 2024-2026 include 35% to the U.S.,

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12 Sustainability Resolutions for Businesses That Will Help the Planet Be Healthy in 2025

3BL Media

2- February: Set Reduction Targets for Your Carbon Emissions With your GHG inventory in hand, establish reduction targets aligned with global climate goals like the Paris Agreement or the Science Based Targets Initiative (SBTi). 12 December: Plan for Innovative Climate Solutions in 2026 End the year by looking ahead.

Waste 130
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Sands Releases Its 2024 Environmental, Social and Governance Report

3BL Media

Sands aims to achieve the new 30% target, which is aligned with the Paris Agreement to limit temperature increase to 1.5C, by 2025. We are motivated to aim higher as we set our sights on a strong finish to our current reporting period and prepare to establish new goals for our 2026-2030 cycle.

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Volvo, Chrysler maker swerve away from lobby group over EU electric car mandate

Corporate Knights

Effectively, the new standard will be electric vehicles – with the EU deferring until 2026 a decision on whether to phase out combustion/electric hybrids by 2035. The agreement quashed a request for more time by some automakers, which revealed a growing split in the automobile and broader mobility sectors.

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IOC Welcomes Admission As Observer Organisation to UN Climate Change

3BL Media

COP21 in 2015 produced the historic Paris Agreement, while last year’s COP28 brought agreement on the need to phase out the use of fossil fuels. Thirty-four International Sports Federations, 52 National Olympic Committees and the Organising Committees for Paris 2024 and Milano Cortina 2026 have so far joined the Framework.

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EU Lawmakers Raise the Price of Carbon Emissions for Airlines

ESG Today

While airlines in the EU are currently provided with free allowances to avoid paying for carbon emissions, the new deal, applying to intra-European flights, as well as flights departing flights to the UK and Switzerland, will phase out these allowances between 2024 and 2026, with allowances becoming fully auctioned in 2026.